What technique can most efficiently lessen water shortages caused by droughts?
a. restricting water usage of consumers
b. allowing price to equate the quantity demanded of water with the quantity supplied of water
c. imposing tight price controls on water
d. arresting anyone who wastes water
Answer: b. allowing price to equate the quantity demanded of water with the quantity supplied of water
You might also like to view...
What is the maximum that should be invested ina project at time zero if the inflows are estimated at $65,000 annually for 5 years, and the cost of capital is 10%?
a. $212,814.77 b. $208,493.27 c. $246,401.14 d. $252,743.51
Aunt Anastasia is planning for next spring, and she is considering making only two products. Based on the results from the linear program, which two products would you recommend thatAunt Anastasia is planning for next spring, and she is conside she make?
A) baskets and eggs B) baskets and rabbits C) eggs and rabbits D) She should continue to make all three.